RIMM (Research In Motion) Stock Collapsing
Shares halted trading as stock tanks.
http://www.rttnews.com/Content/Quick...d=1609597&SM=1
Blackberry is getting a black eye.
UPDATE:
http://www.cnbc.com/id/42804704
Stock is trading again. Their stock is getting clobbered in after hours trading.
http://www.rttnews.com/Content/Quick...d=1609597&SM=1
Quote:
(RTTNews) - Research In Motion Ltd. (RIMM: News ,RIM.TO: News ), Thursday loewred its earnings forecast for the first quarter, due to the lower shipment volumes of BlackBerry smartphones and a shift in the expected mix of devices shipped towards handsets with lower average selling prices.
For the first quarter, the company now expects earnings of $1.30 to $1.37 per share, lower than the range of $1.47 to $1.55 per share, previously forecasted.
(RTTNews) - Research In Motion Ltd. (RIMM: News ,RIM.TO: News ), Thursday loewred its earnings forecast for the first quarter, due to the lower shipment volumes of BlackBerry smartphones and a shift in the expected mix of devices shipped towards handsets with lower average selling prices.
For the first quarter, the company now expects earnings of $1.30 to $1.37 per share, lower than the range of $1.47 to $1.55 per share, previously forecasted.
Blackberry is getting a black eye.
UPDATE:
http://www.cnbc.com/id/42804704
Stock is trading again. Their stock is getting clobbered in after hours trading.
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